Management Accountant

  • Job Reference: 37288
  • Date Posted: 2 April 2024
  • Employer: Thames Water
  • Location: Reading
  • Salary: £50,000 to £55,000
  • Sector: Accounting & Finance
  • Job Type: Permanent
  • Work Hours: Full Time

Job Description

We are seeking an experienced Management Accountant to join our finance team and help us improve our financial focus in Capital Delivery & Asset & Engineering. 
If you have a passion for finance, have an interest in Project accounting and a proven track record in Management Accounting, we encourage you to apply for this exciting opportunity. You will have the opportunity to be involved in some of Thames Water innovative projects such as the Tideway Tunnel.

What you will be doing as Management Accountant
  • Support the recording, reconciliation and analysis of accounting activities and period end close activities in accordance with agreed close schedules and timetables.
  • Working across the wider finance team to document, align and improve processes, to drive efficiency and consistency. 
  • Production and preparation to support the regulatory accounting returns, including monitoring of external reporting requirements and researching accounting issues.
  • Provide Insight into results during period end close to the FP&A and Business Partner teams, relating to the key cost drivers. E.g., Job volumes, Water Production levels. 
  • Guide, mentor and support the Apprentice for whom you will have role responsibility for.
  • Respond to ad hoc requests for analytics, through the agreed demand management framework to provide support to Business Partners for costs visibility, business case preparation and investigation into financial performance.
What you should bring to the role?
  • CIMA or ACA , ACCA Post qualified experience
  • Knowledge of project accounting and  project reporting
  • SAP Project reporting & analysis beneficial
  • Driven, passionate and inquisitive mindset
  • Solid management accounting experience
  • Ability to interact with leadership, key stakeholders and the wider team
  • Experience of effectively prioritising multiple projects to meet deadlines and produce high quality work in a fast‑paced environment
  • A team player but also take ownership to complete tasks independently
What's in it for you?
  • Competitive salary - £50000 - £55000 per annum depending on experience.
  • Annual Leave 26 days holiday per year increasing to 30 with the length of service. (Plus bank holidays)
  • Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
  • Personal Medical Assessments – Open to all once a year.
  • Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.
Who are we?
At Thames Water, our purpose is crystal clear - to deliver life’s essential service so our customers, communities and planet can thrive.

Water is life’s great leveller. Every living thing needs it, every single day. From people to plants, birds to bees, farms to factories, we all need it to thrive, and we’re committed to taking care of it for us all.

But keeping water flowing is becoming harder. From scorching summers to wetter winters, extreme weather affects everything from our pipes to our local rivers. We need to keep millions more kettles boiling, public services operating, washing machines spinning, showers running and more, so every drop is more precious than ever. Are you ready to play your part?

Working at Thames Water
At Thames Water, we recognise that people are at the heart of our business. To help us succeed in providing life's essential service, we need a range of skills and capabilities, representative of society throughout our business.

We seek to attract and retain a cultural mix of people who can offer different but complementary attitudes, values, talents, and knowledge. We understand the importance of appreciating and harnessing the unique skills, experiences, backgrounds, and differences that each individual brings.

Our over-arching diversity and inclusion aim is to ensure Thames Water is a diverse and inclusive great place to work. We encourage applications from everyone and offer extra support for those who need it throughout the recruitment process.

Find out more about working at Thames Water.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business, meet colleagues and earn some extra money along the way.

Disclaimer: Due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.